123
123
Jan 7, 2013
01/13
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host: don williamson may have follow up. any questions about -- any answer to his question about the estate tax, giving gifts to his kids? guest: there is a whole other regime of taxation in this country called the estate tax, and there are gift taxes that go with it. those rules -- there was a time where, in 2010, there was no estate tax in this country, and it was a wonderful opportunity that died, came back in 2011. it was going to come back in 2012 were only people making more than $1 million would be subject to the estate tax. that law has been changed to permit $5 million to be -- even if your viewers feel they do not have anything approaching $5 million, were one spouse to pass away, it behooves the surviving spouse to file a state tax return for the deceased spouse, even though the threshold has not been met. that is to use the unused exclusion on the state tax to be available to the second spouse when he or she passes away. that is a little-known provision in the law that many middle income americans or people who d
host: don williamson may have follow up. any questions about -- any answer to his question about the estate tax, giving gifts to his kids? guest: there is a whole other regime of taxation in this country called the estate tax, and there are gift taxes that go with it. those rules -- there was a time where, in 2010, there was no estate tax in this country, and it was a wonderful opportunity that died, came back in 2011. it was going to come back in 2012 were only people making more than $1...
128
128
Jan 13, 2013
01/13
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don rumsfeld was struggling with how to change the pentagon. the way he wanted to change it left us a less repressive -- less prepared for dealing with 9/11. he wanted to cut the army and was reluctant to build it up. it made it more difficult for folks to deal with afghanistan and iraq. you want to be able to move ahead and take advantage of new technologies when it comes to military affairs. you also have to make strategic judgments about what kind of military you will need to deal with the threats we face. i want to go back to the clips. senator hagel has a selective memory about vietnam. we should remember one of the problems of vietnam was we decided to pull out precipitously and abandoned the vietnamese to the north. we cut off military aid. we stopped paying and the like. if one were to take that analogy, there is a good chance we will be doing the same thing to our partners in afghanistan over the next year. there are lessons from vietnam. let's not forget that one either. host: let me go back to the front page story of "the new york ti
don rumsfeld was struggling with how to change the pentagon. the way he wanted to change it left us a less repressive -- less prepared for dealing with 9/11. he wanted to cut the army and was reluctant to build it up. it made it more difficult for folks to deal with afghanistan and iraq. you want to be able to move ahead and take advantage of new technologies when it comes to military affairs. you also have to make strategic judgments about what kind of military you will need to deal with the...
119
119
Jan 14, 2013
01/13
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eye 119
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host: don in south windsor, connecticut, on the independent line. good morning. caller: hi. what i would like for him to explain is i give lectures at the university of connecticut to retired people, lot of them professors. i'm astounded at the lack of knowledge of these people have of the economic condition of the united states. these programs are complete jokes. if someone could explain to the american public, when people, with a 1.2 trillion debt reduction over 10 years, but $120 billion a year. our deficit is 1.2. all they're talking about 10% of the problem. the people don't understand. they think the 1.2 is equal to the deficit. it's only 10% of the deficit. my solution is to raise taxes by $300 billion and cut spending by $900. -- by $900 billion. i find the american public is not very smart. host: you know, that is -- the educational question is a fundamental question. here's what happens. let's talk in practical terms and not a theoretical terms. when paul ryan came out with his budget, he had some substantial changes in medicare and medicaid. over time they would'v
host: don in south windsor, connecticut, on the independent line. good morning. caller: hi. what i would like for him to explain is i give lectures at the university of connecticut to retired people, lot of them professors. i'm astounded at the lack of knowledge of these people have of the economic condition of the united states. these programs are complete jokes. if someone could explain to the american public, when people, with a 1.2 trillion debt reduction over 10 years, but $120 billion a...
110
110
Jan 11, 2013
01/13
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host: alaska, this is don on the independent line. caller: i am a big fan of obama and timothy geithner. when all of this took place, i am an older guy. i am 83. i was watching everything clear back to the scandal with the prime lending trouble that we had. this is not the gist of the problem. the just of the problem was that somebody came in when they were badly needed and straighten everything out and it was not very pretty. it was even worse before he tried what he did. obama is a scholar. he studied what franklin delano roosevelt did. i lived through the depression. it was not really that great to tell you the truth. i was a little boy, but i can remember it very well. this is what franklin delano roosevelt did it, too. people who changed things have to step on some toes and heard some feelings. what obama did, but timothy geithner did, and what the people did at that time got us out of trouble. we have a bunch better economy now ford obama's second term that we had in the beginning. host: there is a picture of in the paper that f
host: alaska, this is don on the independent line. caller: i am a big fan of obama and timothy geithner. when all of this took place, i am an older guy. i am 83. i was watching everything clear back to the scandal with the prime lending trouble that we had. this is not the gist of the problem. the just of the problem was that somebody came in when they were badly needed and straighten everything out and it was not very pretty. it was even worse before he tried what he did. obama is a scholar....
109
109
Jan 8, 2013
01/13
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caller: how john brennan plan don meeting the perceived asian tilt. how the ca plans on tackling that -- how the cia plans on tackling that. guest: the cia does not make foreign policy. to focus on a failed state where we have reason to believe that a loss of terror organizations are training. these are important things to do. the cia's role is to provide intelligence on these parts of the world and not to make policy. i'm betting that too much of our intelligence is tackle. it is focused on who is coming over the next hill in the battlefield. most of our intel assets into afghanistan and iraq. it is a good idea to restore some of our focus in other parts of the world, including asia. as a former policy maker, i would hope this rebalance toward asia will not focus on how we make relationships with china and others more difficult. i would hope it would help to join in the region to create a larger trading relationship and to better understand ways in which we can become close friends with china. i think that will be in everybody's interest and gives us
caller: how john brennan plan don meeting the perceived asian tilt. how the ca plans on tackling that -- how the cia plans on tackling that. guest: the cia does not make foreign policy. to focus on a failed state where we have reason to believe that a loss of terror organizations are training. these are important things to do. the cia's role is to provide intelligence on these parts of the world and not to make policy. i'm betting that too much of our intelligence is tackle. it is focused on...